The Blockchain-based voting system announced in Russia has a vulnerability allowing for decrypting votes before the official end of voting. This feature questions the anonymity of voting, thus making it possible to manipulate people’s votes by forcing them.
Dubbed Crypto Nation for its friendly stance for innovations including blockchain and cryptocurrency, Switzerland confirmed the name once more. A new legal package passed by the Swiss Federal Council is going to remove all existing legal barriers for startups.
The University of California had to pay a $1 million ransom to regain access to the research performed at their Medical School. The incident has proven the healthcare industry is still vulnerable to hacker attacks.
A wave of cryptojacking attacks seems to get bigger as the world is trying to get out of lockdown. A new malware called “Lucifer” is capable of both engaging a device in mining and performing DDoS attacks.
Cryptocurrency exchanges actively apply KYC regulations to pressure darknet entrepreneurs. Despite the reduction of cryptocurrency transactions on the darknet, criminals are still active in their shadow industry.
Despite the interest in bitcoin as well as other cryptocurrencies has grown rapidly, there are still lots of people that are cautious about it. While faithful adepts of the crypto industry argue that cautiousness is caused by the lack of awareness, there might also be other reasons for the lack of trust.
Since June 22, the community has been excited by the news that PayPal is going to launch direct buy and sell of cryptocurrency. However, the payment giant is taking its time to provide any confirmations, making people hesitate if this is something more than rumours.
Most newcomers to the cryptocurrency market are aware that bitcoin is not the only digital currency they can use. However, they are also sure there is only one Bitcoin. That is why they might get very confused to learn there are more than one of them.
It is no secret that inclusion in the international financial system is tightly connected to people’s wellbeing. While the population of developing countries worldwide suffers poverty, fintech innovations including blockchain technology can help these people improve their life.